FIBEMI
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline18-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-08-2022, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
9 d late
2020
2 d early
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema, statutory
Turnover
€1.82M▲ 2.0%
2020 · €1.79M
2018: €1.76M
2019: €1.73M
2020: €1.79M
2018 → 2021
EBIT margin
33.5%▼ 5.9pp
2020 · 39.4%
2018: 37.7%
2019: 69.8%
2020: 39.4%
2018 → 2021
Net result
€21.93M▼ 5.3%
2020 · €23.15M
2018: €21.75M
2019: €22.31M
2020: €23.15M
2018 → 2021
Working capital
€-26.43M▼ 28.5%
2020 · €-20.57M
2018: €-15.14M
2019: €-21.36M
2020: €-20.57M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€1.76M-€1.73M▼ 1.9%€1.79M▲ 3.6%€1.82M▲ 2.0%
Equity€131.45M-€134.26M▲ 2.1%€139.42M▲ 3.8%€137.35M▼ 1.5%
Operating result€663k-€1.20M▲ 81.7%€705k▼ 41.4%€611k▼ 13.3%
Net result€21.75M-€22.31M▲ 2.6%€23.15M▲ 3.8%€21.93M▼ 5.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 13% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €170.14M
Fixed assets
€166.25M▲ 1.1%
Current assets
€3.89M▼ 0.8%
Equity and liabilities €170.14M
Equity
€137.35M▼ 1.5%
Provisions
€24k▼ 9.1%
Debt
€32.77M▲ 13.1%
The debt ratio rises from 17.2% to 19.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.32M▼
2020 · €1.41M
Cash flow
€22.64M▼
2020 · €23.85M
Solvency
80.7%▼
2020 · 82.8%
Current ratio
0.13▼
2020 · 0.16
Quick ratio
0.13▼
2020 · 0.16
Debt / equity
0.24▲
2020 · 0.03
ROE
16.0%▼
2020 · 16.6%
ROA
12.9%▼
2020 · 13.7%
Interest coverage
13.29▲
2020 · 7.88
Debt
€32.77M▲
2020 · €28.98M
Debt ≤ 1 year
€30.33M▲
2020 · €24.49M
Debt > 1 year
€2.36M▼
2020 · €4.41M
Income taxes
€145k▲
2020 · €136k
Staff costs
€503k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€168.42M€170.14M▲
Fixed assets21/28€164.49M€166.25M▲
Tangible fixed assets22/27€14.70M€16.46M▲
Land and buildings22-€16.00M
Furniture and vehicles24-€202k
Assets under construction and advance payments27-€252k
Financial fixed assets28€149.79M€149.79M=
Affiliated companies280/1-€149.79M
Participating interests280-€149.79M
Current assets29/58€3.92M€3.89M▼
Amounts receivable within one year40/41€3.69M€3.68M▼
Trade receivables40-€622k
Other amounts receivable41-€3.06M
Cash at bank and in hand54/58€154k€65k▼
Deferred charges and accrued income490/1-€146k
Equity and liabilities
Total equity and liabilities10/49€168.42M€170.14M▲
Equity10/15€139.42M€137.35M▼
Contributions10/11€496k€496k=
Capital10-€496k
Issued capital100-€496k
Reserves13€32.24M€32.24M=
Non-distributable reserves130/1-€50k
Legal reserve130-€50k
Tax-exempt reserves132-€47k
Distributable reserves133-€32.14M
Profit (loss) carried forward14€106.68M€104.62M▼
Provisions and deferred taxes16€27k€24k▼
Deferred taxes168-€24k
Amounts payable17/49€28.98M€32.77M▲
Amounts payable after more than one year17€4.41M€2.36M▼
Financial debts170/4-€2.36M
Credit institutions173-€2.36M
Amounts payable within one year42/48€24.49M€30.33M▲
Current portion of amounts payable after more than one year42-€4.05M
Financial debts43-€1.50M
Credit institutions430/8-€1.50M
Trade debts44€37k€8k▼
Suppliers440/4-€8k
Taxes, remuneration and social security45-€313k
Taxes450/3-€265k
Remuneration and social security454/9-€48k
Other amounts payable47/48-€24.46M
Accrued charges and deferred income492/3-€78k
Income statement
Code20202021
Operating income70/76A-€2.13M
Turnover70€1.79M€1.82M▲
Other operating income74-€308k
Operating charges60/66A-€1.52M
Services and other goods61-€163k
Remuneration, social security and pensions62-€503k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€700k€708k▲
Other operating charges640/8-€147k
Operating profit (loss)9901€705k€611k▼
Financial income75/76B-€21.57M
Recurring financial income75€22.52M€21.57M▼
Income from financial fixed assets750-€21.56M
Income from current assets751-€16k
Financial charges65/66B-€106k
Recurring financial charges65€179k€106k▼
Debt charges650€178k€99k▼
Other financial charges652/9-€6k
Profit (loss) for the period before taxes9903€23.28M€22.08M▼
Transfer from deferred taxes780-€2k
Income taxes67/77€136k€145k▲
Taxes670/3-€145k
Profit (loss) for the period9904€23.15M€21.93M▼
Transfer from tax-exempt reserves789-€5k
Profit (loss) for the period to be appropriated9905€23.16M€21.94M▼
Appropriation of the result
Profit (loss) to be appropriated9906-€128.62M
Profit (loss) brought forward from the previous period14P-€106.68M
Profit to be distributed694/7-€24.00M
Return on contributions (dividend)694€18.00M€24.00M▲
Social balance
Average headcount (FTE)9087-4.5
The notes to these accounts (39 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 9 days late
08-07
State Gazette act
General meeting · Demerger
Dissolution · Accounting effect · Eline HECK
08-07
State Gazette act
General meeting · Demerger
Dissolution · Accounting effect · Frank Muller
08-07
State Gazette act
General meeting · Demerger
Dissolution · Accounting effect · Eline Heck
08-07
State Gazette act
General meeting · Demerger
Dissolution · Accounting effect · Frank Muller
08-07
State Gazette act
General meeting · Demerger
Dissolution · Accounting effect · Eline HECK
27-04
State Gazette act
Merger · Accounting effect
Power of attorney · Real estate
27-04
State Gazette act
Demerger · Accounting effect
Power of attorney · Real estate
26-04
State Gazette act
Demerger · Accounting effect
Corporate purpose · Real estate
26-04
State Gazette act
Merger · Corporate purpose
Accounting effect · Real estate
15-04
State Gazette act
Incorporation · Founder
Founding capital · Capital · Cédric Roegiers
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
2020
31-12
Financial
Highest result since 2018net €23.15M ▲3.8%
Net result €23.15M, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · consolidated · 14 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · consolidated
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
4 transactionsReceived a contribution from:D'Nouvelle BV
Received a contribution from:FIBEMI
Contributed a business line to:D'Nouvelle
Contributed a business line to:Fibemi
Recognitions · licences · registrations
Legal Entity Identifier
549300QQ75DH7XBGUB05